Disappointing year end data from Brazil carry over into 2016
Jan 12, 2016 22:43 pm UTC| Commentary Economy
Last year ended with unfavourable economic data. Activity indicators continue to post negative prints, surprising on the downside despite being at record lows already. The second year of low growth will remain a hurdle to...
China still acts as a deflationary or recessionary force in the global economy
Jan 12, 2016 21:12 pm UTC| Commentary Economy
From the latest data of China, one can conclude that Beijings stimulus seems to be working. The Chinese manufacturing PMI data released with negative numbers while service PMI data gave positive signals. Still in 2016,...
US small business optimism gains some ground in December
Jan 12, 2016 16:43 pm UTC| Commentary Economy
The NFIBs small business optimism index rose 0.4 points to 95.2 in December - recovering some of the ground lost in the prior month. Despite this, the index remained more than 5 points below the year-ago level. Looking...
China inspired volatility to continue in 2016
Jan 12, 2016 16:07 pm UTC| Commentary Economy Central Banks
Today is off to a good start in the markets as Chinas currency and equity markets stabilize abetted by Chinas Central Bank Yuan intervention. A continued source of volatility is the dispersion around Chinas expected growth...
Spain likely to outperform other Eurozone economies
Jan 12, 2016 10:56 am UTC| Commentary Economy
In the Eurozone, Frances economic growth decreased due to the terror attacks at the end of 2015, but is likely to be temporary. Some sentiment indicators are expected to have a positive outcome on Italy; however, overall...
Czech consumers increase willingness to spend more
Jan 12, 2016 08:09 am UTC| Commentary Economy
Czech households are increasing their willingness to spend more due to falling unemployment and rebounding consumer sentiment. The retail trade adjusted for car sales is expected to have grown 8.1% y/y in November, while...
Japanese consumers—still not confident
Jan 12, 2016 07:51 am UTC| Commentary Economy
Japanese consumers are on their way to mark decades of pessimism in 2016, until things change drastically. According to latest data, released for the month of December Japanese consumer confidence improved but still far...